Asia

Japan readies fuel cell subsidies in bet on Toyota's next big thing

10:44 am U.S. ET | July 23, 2014
Japan is readying subsidies to help Toyota and key suppliers take the lead in hydrogen-powered fuel cell vehicles that could top $400 million over the next several years if the most bullish projections for the technology play out....
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Rolls-Royce names new China boss

July 22, 2014 06:01 CET
Rolls-Royce has named BMW veteran Leon Li as regional director for its China operations. China demand helped to boost the ultraluxury brand's global vehicle sales to a record 3,630 last year....
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Mercedes seeks to outpace premium rivals in China with more dealers, new models

July 22, 2014 10:35 CET
Mercedes expects to outpace the 17 percent to 18 percent growth in industry sales of premium vehicles in China this year, after merging two competing sales networks and adding new models....
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Germany's Rheinmetall forms new JV with China's Hasco

July 22, 2014 13:16 CET
Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German company said....
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Japan to dangle nearly $20,000 in subsidies to spur fuel-cell sales

9:05 am U.S. ET | July 19, 2014
Japan's government will offer at least $19,700 in subsidies to speed up the introduction of fuel-cell vehicles coming to market from Toyota and Honda....
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Mazda2 output starts; Europe sales begin in 2015

July 18, 2014 11:03 CET
Mazda has given its Mazda2 subcompact the sharp creases and sportier stance of the brand's new Kodo design language....
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JCI profits fall on restructuring charges

8:46 am U.S. ET | July 18, 2014
Johnson Controls' fiscal third-quarter earnings slid 68 percent as restructuring and other charges offset a modest rise in revenue....
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VW goes local in India to lift sales

July 17, 2014 16:52 CET
VW will increase the amount of locally made parts in the cars it sells in India to help lift falling sales. Five years after entering India, VW has captured just 2.1 percent of the market because its cars are seen as relatively expensive....
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BMW will raise China capacity to 400,000 vehicles

July 16, 2014 13:23 CET
BMW said it will raise capacity at its two Chinese plants by a third to 400,000 cars over the next two years and double the range of locally made vehicles to six models....
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Jaguar Land Rover sets H1 sales record

July 16, 2014 11:52 CET
Jaguar Land Rover said its global sales increased 14 percent to 240,372 vehicles in the first six months, its best half year to date, boosted by robust demand in China....
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Toyota delays delivery of 23,000 vehicles covered by neighbor's tar, soot

7:18 am U.S. ET | July 16, 2014
Toyota has to delay delivery of thousands of vehicles, including some 20,000 for export, because it has to clean up a mess left by a neighbor....
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Volkswagen plans $250 million investment in India

July 15, 2014 10:36 CET
Volkswagen plans to invest 15 billion rupees ($250 million) in India over the next five to six years. VW's market share in India fell in the last fiscal year to 2.1 percent from 2.4 percent....
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2015 Tokyo Motor Show to return to October after schedule mishap

11:03 am U.S. ET | July 15, 2014
The Tokyo Motor Show, accidentally booked last year to overlap with shows in Los Angeles and Guangzhou, will return to its traditional late October slot in 2015 in a bid to boost overseas attendance....
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China's sales outlook cut by trade group on slow economy, truck slump

2:04 am U.S. ET | July 14, 2014
China's state-backed auto association forecast that vehicle sales will slow more than it previously projected, as the economy showed little signs of improvement and more cities consider purchase restrictions....
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VW outsells GM in China to remain on track for repeat sales win

July 14, 2014 10:01 CET
VW outsold GM in China in the first half, keeping it on track to extend its reign as the best-selling foreign car company in the world's biggest vehicle market....
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Ford, Toyota models will help boost Turkish car output to record

July 13, 2014 20:01 CET
New models from Ford, Toyota and Hyundai are expected to help boost Turkish automotive production to a record this year as a recovery in European demand drives up exports....
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Top Toyota designer heads to Yamaha

12:14 pm U.S. ET | July 11, 2014
Akihiro “Dezi” Nagaya, a key designer who brought more emboldened, emotional styling to Toyota and Lexus vehicles, has been named design general manager for affiliate Yamaha Motor Co....
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Skoda bets on new models to revive China sales

July 11, 2014 06:01 CET
Skoda is counting on new models and dealership face-lifts to boost China sales more than 10 percent by the end of the year. Skoda was one of only two mass-market foreign brands to see a decline in China deliveries last year....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET
Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview....
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Honda recalls 175,000 hybrids in Japan due to software glitch

6:53 am U.S. ET | July 10, 2014
Honda is recalling 175,356 gasoline-electric hybrid vehicles in Japan, including the Fit subcompact, over a software glitch in the engine control unit....
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GM Korea workers vote to strike as wage talks continue

6:29 am U.S. ET | July 9, 2014
GM's South Korean workers today voted to go on strike over salaries and production volume, signaling tough annual wage talks for automakers already grappling with falling earnings because of the stronger won....
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Renault plans swift China production ramp up

July 8, 2014 17:32 CET
Renault plans to add more Chinese production capacity to its new joint venture with Dongfeng soon after manufacturing begins in 2016. The carmaker is currently building its first Chinese factory to produce up to 150,000 vehicles annually....
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Hyundai sued in S. Korea after overstating fuel efficiency of Santa Fe

7:12 am U.S. ET | July 7, 2014
Hyundai was sued by consumers in its home market after the nation's transport ministry said the company overstated the fuel efficiency of one of its models....
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Tesla sued in China by businessman, escalating trademark dispute

9:34 pm U.S. ET | July 7, 2014
Tesla Motors was sued in China for trademark infringement in the latest example of the difficulties foreign companies face doing business in the country....
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PSA-Dongfeng raises 2014 China sales target

July 7, 2014 14:42 CET
PSA's Chinese joint venture with Dongfeng raised its 2014 sales target by about 50,000 vehicles after sales rose 24 percent in the first six months....
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Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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